On the recordFebruary 4, 2010
Madam Speaker, we don't even need lectures from the Republicans on fiscal discipline. We did it, and we're going to do it again. And the President and the leadership here of this House has outlined how we're going to do it. But I want to point out that my colleagues on the other side don't like statutory PAYGO. They don't want to pay for tax cuts for rich people or for corporations or for big oil companies because they have a different plan, and their plan is to reprise the Bush-era proposal to privatize Medicare and Social Security. In the Budget Committee the other day, the ranking Republican introduced his plan, which makes it very clear that he wants to privatize Social Security and Medicare. Ezra Klein of The Washington Post writes, This proposal would take Medicare from costing an expected 14.3 percent of GDP in 2080 to less than 4 percent. That's trillions of dollars not going to health care for seniors. The audacity is breathtaking.…
Source
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